Cheap Homes for Rent in Alameda Neighborhood of Tempe, AZ from $800 (52 Rentals)

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Search the lowest-cost Homes available for rent right now in the Alameda area of Tempe.

property at 700 W University Dr

$850 - $1,100

Total Monthly Price

Total Monthly Price

Base Rent
$850 - $1,100
Total Monthly Price
$850 - $1,100

1 To 2 Bedroom Condos for Rent

Available Now

700 W University Dr

TempeAZ85281
property at 1535 W Capri Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Jun 15

1535 W Capri Ave

MesaAZ85202

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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property at 729 W University Dr

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

729 W University Dr

TempeAZ85281

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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property at 731 W University Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

731 W University Dr

TempeAZ85281
property at 521 W 10th St

$1,350 - $1,450

2 Bedroom Rentals

Available Now

521 W 10th St

TempeAZ85281

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Showing Results 1-50, Page 1 of 2

Alameda, Tempe, AZ Local Guide

Cheapest Available Alameda Apartments for Rent

 

The cheapest available apartment rental in the Alameda area of Tempe, AZ is a 1 Bed unit found at Manhatton priced from $750. The Atrium has the second lowest priced unit, which is a 1 Bed apartment currently listed from $850. Here are the most affordable Alameda apartments for rent in Tempe, AZ:

Apartment ListingModel NameBed/BathPriced From
Manhatton1/11BR,1BA$750
The Atrium1x11BR,1BA$850
The Link ApartmentsStudio - ClassicStudio,1BA$864
The FlatsE1Studio,1BA$864
Sentry TempeKonaStudio,1BA$868
WaterstoneStudio S1-380Studio,1BA$888
El Diablo Apartments1BR/1.0BA1BR,1BA$895
Grandes CortesStudioStudio,1BA$899
Studio 710 ApartmentsSmall StudioStudio,1BA$924

Best Value Apartments for Rent in Alameda, AZ

As of May 04, 2026 the best value apartment in the Alameda area is the $0.53 price per square foot Furnished Townhome Model at Lofts on 8th | Student Housing in the in the Downtown Tempe neighborhood starting from $999. The second greatest value Alameda apartment is the 2 Bedroom 2 Bath Unit Model at The Howe Apartments starting at $2,300 with a $1.44 price per square foot in the South Phoenix neighborhood. Here is today’s list of the best values for Alameda apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lofts on 8th | Student HousingFurnished Townhome4BR,4.5BA$0.53
The Howe Apartments2 Bedroom 2 Bath Unit2BR,2BA$1.44
Lakeview at the BayEl Encanto3BR,2BA$1.42
Tempe Horizons2 Bed/2 Bath2BR,2BA$1.36
Luna Bear 5th StreetB12BR,2BA$1.37
Sago GardensSingle Story2BR,1BA$1.21
Cape Cod Apartments2BR/1.0BA2BR,1BA$1.44
Sofia ApartmentsThe Calla (2x2)2BR,2BA$1.46
The Heights on Lemon2 Bedrooms, 1 Bath2BR,1BA$1.47
Gateway at Tempe2x2 L Renovated2BR,2BA$1.39

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Learn the property manager's true secrets to a zero-deduction move-out. Use this step-by-step guide on documentation, cleaning, and lease-reading to reclaim your security deposit.

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10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Alameda, Tempe, AZ

Ranked #1

Among cities in Arizona for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Best Local Schools in
Alameda, Tempe, AZ

School data provided by Great Schools

Frequently Asked Questions about Alameda

What type of rentals are currently available in Alameda?

There are currently 442 Apartments for Rent in Alameda, AZ with pricing that ranges from $715 to $14,000. There are also 275 Single Family Homes for rent, Condos, and Townhome rentals currently available in Alameda ranging from $850 to $8,450.

What is the current price range for Rental Homes in Alameda?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Alameda ranges from $850 to $8,450 with an average monthly rent of $2,912.

How much are larger Three and Four Bedroom Rentals in Alameda?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Alameda range from $775 to $11,531, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,195 and Four Bedroom Apartments start at $715.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.